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Murray Rothbard properly noted that the predatory state needs its “court intellectuals” to legitimize its predations. American higher education is happy to provide them.
What we cannot do, legitimately, is have the US government go abroad in search of the Venezuelan monster to destroy.
Gold is up, bitcoin is cooling, the yield curve turning. 2026 could un-invert the story.
Instead of market competition, inflation forces young and old into rivalrous competition for housing.
President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more...